The SPY reached the ML1 Level @ 361.63. This was not of the IDMM-HP variety. The SPY closed below the ML1 Level. In the original articles that were published on The Intra-Day…
Category: IDMM-ETFs
The Intra-Day Momentum Method as applied to ETFs.
IDMM-ETF Results November 16, 2020
The QQQ reached the ML1 Level up @ 292.57. The Q’s then pulled back to just above the Open and Closed above the ML1 Level. The SPY and DIA did not reach…
IDMM-ETF Results November 13, 2020
The QQQ reached the MS1 Level down @ 287.88 and rallied to the Upside Limit and Closed above the Open. The SPY reached the ML1 @ 357.42, in late afternoon trading and…
IDMM-ETF Results November 12, 2020
None of the market-based ETFs met the HP scenario during today’s trading session. The SPY reached the MS1 Level down. The SPY continued lower, reaching the MS2 Level, before rallying in the…
IDMM-ETF Results November 11, 2020
The QQQ reached the ML1 @ 288.29 in the first 15 minutes of trading. After a brief pullback, the QQQ continued higher and closed above the ML1. The SPY and DIA did…
IDMM-ETF Results November 10, 2020
No levels were met in any of the market-based ETFs that we follow.
IDMM-ETF Results November 9, 2020
The increased volatility has begun. Increased volatility tends to lead to higher percentages of intra-day reversals. During these uncertain times, caution should be taken. The SPY and DIA gapped up on Monday….
IDMM-ETF Results November 6, 2020
All three market-based ETFs (SPY, QQQ, and DIA) reached the MS1 Level down in the first 15 minutes of trading. These ‘Fast Moves’ were relatively large in terms of distance in ‘price’….
IDMM-ETF Results November 5, 2020
The DIA reached the ML1 Level shortly after 10 am. It pulled back to test the Open before an afternoon rally to close below the ML1. The QQQ and the SPY were…
IDMM -ETF Results November 4, 2020
The DIA reached the ML1 Level up in a ‘Fast Move’ off the Open. This fast move met the IDMM-HP criteria. The DIA then rallied to the ML2 and ML3 Levels before…